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Politics and Investment Issues

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May 12, 2012

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In this show Al discusses:

  • Segment 1 – Peter Grandich discusses personal values and the upcoming election.
  • Segment 2 and Segment 3 – Rick Ackerman and constitutional attorney Michael Connelly give their take on current governmental policies.
  • Segment 4 – Jeff Deist wraps up the first hour’s discussion on politics.
  • Segment 5 – Big Al talks gold with Richard “Doc” Postma.
  • Segment 6 – Big Al and George Brown discuss their views on the future of gold and silver and the related stocks.
  • Segment 7 – Big Al discusses Westhaven Ventures and Rye Patch Gold.
  • Segment 8 – Marin Katusa, from Casey Research, discusses his criteria for investing in resource companies.



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Discussion
148 Comments
    May 12, 2012 12:44 AM

    Al:

    Not unlike the rise of Hitler and Stalin, I don’t discount demonic influence in what we are now seeing being played out.

      May 12, 2012 12:11 AM

      I’m not sure I can disagree with you!

      Big
      Al

    May 12, 2012 12:15 AM

    Hi Dal,
    Here is a quote:
    For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickness in high places.
    Ephesians 5:32
    Thank you Lord Bless Joe

    May 12, 2012 12:20 AM

    To castanheiro,
    I see you took the time to judge and condemn, yet no time to state your position.
    I suggest you examine yourself. The word of God is powerful like he stated in Hebrews 4:12
    You are the hyprocite and need help as well.
    I end with the words Lord Bless
    Not like you Joe

      May 12, 2012 12:39 AM

      Hello JOSEPH. I hope i find you & your family well. While i admire your devotion to the LORD, & your dedication to spreading the word , i don’t think the LORD would mind if you took the weekend off & enjoyed it with your family & friends, besides it would give some of us on here a break. Go forward with peace of mind.

        May 12, 2012 12:02 AM

        Hi Irishtony,
        You just do not get do you. This is for keeps. Abd we are not wrong. You are
        Stop avoiding and ducking the issue like you have all your life
        Hell is for real and there will be more people going to hell than heaven.
        In the days of Noah 8 people were spared, and Sodom and Gomorrah there were 3
        In the last days were we are God says it will be identical

        Mathew 7:13
        Enter ye in the strait gate: for wide is the gate, and broad is the way that leadth to destruction(Hell) and MANY there be which go in thereat. because strait is the gate, and narrow is the way, which leadth unto life,(heaven) and FEW there be that find it.

        The possiblity that we are in the last days and it will end in our lifetime I give it over 95%
        only because I am playing it safe to predict. I do not bliev in faiytales. Believe me.

        Do your due deligence like the way you invest your money, do it for your soul, eternity and for the sake of your family , friends and strangers.

        God Bless. Joe

          May 12, 2012 12:54 AM

          Yes Joe. Interesting comments. I was reading the Bible all the way through – it took about 3 years to read it properly with all the references word by word (not skimming) and try to absorb it.

          When Bear Stearns collapsed in March 2008, I was on Revelation Chapter 18 ‘The Fall of Babylon’. How appropriate was that? When Lehman Brothers and the rest collapsed on 15 September 2008, I was mindful of that chapter. Absolutely brilliant writing. How could someone think of such words 1900 years ago? OK, one might say that there may have been some event at the time like the fire of Rome but somehow The Book of Revelation seems to match our time now, not 1900, 1980 or 1990 or even 2000 (maybe 2001 Sept 11 though).

          The idea of the destruction of an empire in a single day or even a single hour – it does not seem possible until now. It is so worth reading every time there is a new financial balls-up to keep you on your toes (most people basically just shrug their shoulders and ignore – until the BIG ONE comes).

          It also seems to echo with the idea that the Second Coming will be like ‘a thief in the night’ – it make sure you stay awake and on your guard.

          However, how does this look from other countries? Our culture is dying (I am talking as a British person about the UK, Europe and the USA) but Joseph’s remark about Family Guy, etc., does it apply to all peoples or just ours at this time. Our empire is collapsing and anything goes. We are rich and we are to become poor. That means we may become like the animals, only worse. The vote for socilist types in France and Greece seals their fate, I feel. There is no turning back for these cultures.

          However, it may be that others elsewhere are building their culture to take over – and rake over the spoils of our failed empires and we will be consigned to history. We will be a chapter in someone’s book like the Egyptians, the Greeks, the Romans, etc., and will be the subject of much scoffing. That is progress. Out with the old and in with the new. It is not the first empire to fall but will be the most spectacular.

            May 12, 2012 12:16 AM

            HI Silverbug(Dave)

            Of course, history does repeat itself.

            I don’t agree that our fall (when it occurs) will be the most spectacular of all time. It’s all a matter of perspective, don’t you think?

            Big Al

            May 12, 2012 12:05 PM

            Hi Silverbug,
            I do not believe babylon was concerning the event you witnessd at the time. read Rev 17 It talks aout mystery `babylon.
            Here it discribes Rome(Vatiacan) and Roman Empire (European Union)
            And yes the Catholic Church admits that Revelation 17 descibes Rome but thay say it is talking about things that came to past. but that is not true. Revealtion 13:16 the prophecy here concerning the microchip implantation is to come. And even John who wrote the book said these are things to come. there are many other reasons.
            Concerning the last empire The Book of Daniel prophecied all the empires till the last days
            Nebuchadnezzar
            Meds and Persian
            Alexander the Great
            Roman Roman empire revived (Last empior)
            We are in the last days U am over 95% sure

            By the way try my challenge disproving or proving 8 people on earth 4500 yrs ago
            Thank you Lord Bless Joe

      May 12, 2012 12:08 AM

      Joseph…..

      Please give it a rest. Your vicous attacks on several on this siite whose judgment I respect is simply inexcusable and unwarranted.

        May 12, 2012 12:18 AM

        Hi Dai Uy,

        I am now simply taking off all inappropriate and offensive comments.

        I believe in free speech, but certainly not in ignorant slander!

        Big Al

        May 12, 2012 12:19 PM

        Hi Dai
        Please explain
        Joe

    May 12, 2012 12:49 AM

    AL I think CHINA is already number 1. The us dollar is no longer the only reserve currency, look whats happening in the far east, Russia, South American countries , Iran, China, & others, are now trading in their own currencies, between themselves, & may i add GOLD also. They are moving OUT of the corrupt dollar system.

      May 12, 2012 12:02 AM

      PS….I think it was a big mistake to allow the Chinese bank into America, because i believe they are going to pick off the Anglo-American Banks…one by one.

        May 12, 2012 12:22 AM

        Would the USA not do the same? And they have. Especially in Canada since 1945. With the blessing of the Cdn govt.

          May 12, 2012 12:20 AM

          Hi James B,

          People are people and we are all aware of that. Do this fact make these actions okay? Of course not!

          Big Al

            May 18, 2012 18:16 AM

            In all due respect we should be angry at our leaders not the Chinese.That is how capitalism goes. One man’s misery is another man’s delight.

        May 12, 2012 12:44 AM

        tony, the us banks are already dead, they just dont know it. (not that i support china’s banks)

          May 12, 2012 12:21 AM

          Bobby,

          Just like fiat currency, it is all a matter of “faith in the system” for the majority of people.

          Big Al

        May 12, 2012 12:19 AM

        Not overnight Mr. Irish. But actions like the one you suggest are bound to happen!

        Big Al

      May 12, 2012 12:18 AM

      Ain’t it the truth Mr. Irish, ain’t it the truth!

      Big Al

      May 12, 2012 12:11 PM

      Irishtony,

      “AL I think CHINA is already number 1. ”

      That brings up a great question. The US Congress and Treasury have been trying to get China to fully de-peg the yuan from the USD for years, so that Chinese imports wouldn’t be so cheap. Yet if the Chinese had done that, the yuan might already have displaced the USD as the world’s most-often used currency for trade. Congress should be careful what they ask for…they may get it, and all its ramifications.

      Jim Roger’s book Adventure Capitalist took him through 160+ countries (via Mercedes). It’s a little dated now, but it was a great read for the rest of us who cannot drive to every country in the world. He noted how most countries still have far too much red-tape and ridiculous laws — China was a bad offender in this way. Mis-matched communications networks, dirt roads, mandatory travel restrictions from province to province for all citizens, etc. I’m sure many of these roadblocks will be self-evident to the leaders of the (Peoples Democratic Republic of) China, but for now, I still think their controlled economy is still run by men who can make mistakes. Particularly since, the reason China has become so popular isn’t because of any domestic economic planning, but because the world’s industry fled (and other places) there from more expensive nations. In other words, they lucked-out.

      With the rising price of energy, and the problems with quality or intellectual property, I’m not certain how where China will find themselves in 10 years. History tells us they’ll possibly do what Japan did, seeing their costs of living grow, the government try to control, and then fall flat on their faces in 20 years from now. Still, they may do all that and still end-up with the world’s reserve currency, at least for commodities.

        May 12, 2012 12:08 PM

        HI John W,

        I had the pleasure of spending some time with Jim when I spoke at a conference in Frankfort a few years back.

        He is a very interesting man and Kathy and I both enjoyed sharing some wine and conversation with him. It was a great experience.
        Big Al

          May 12, 2012 12:26 PM

          You’re a lucky guy. Would love to meet Jim! Any chance of getting him on the show?? Maybe he and Grant Williams are old buddies, since I believe they both still call Singapore home.

            May 12, 2012 12:55 PM

            HELLO JOHN Good comment. PS i replied to your piece on fishing, please read.

            Feb 03, 2014 03:20 AM

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            Feb 03, 2014 03:57 PM

            说道:Nice read, I just passed this onto a coauelgle who was doing a little research on that. And he just bought me lunch as I found it for him smile Thus let me rephrase that: Thank you for lunch! “We have two ears and one mouth so that we can listen twice as much as we speak.” by Epictetus.

    May 12, 2012 12:19 AM

    Re seg 2 …..BARAKUS OBAMACUS EMPEROR OF ALL THE AMERICAS ….HAIL THE EMPEROR OR OR BE PUNISHED FOR TREASON………..Now line up you mere mortals for i bring you all a great GIFT & it shall be called the MICRO CHIP.

      May 12, 2012 12:23 AM

      Mr. Irish,

      Will that make us all super fast computers!

      Big Al

        May 12, 2012 12:58 PM

        NO AL . just very slow slaves, which wont bother me …as i am pretty slow as it is.

    May 12, 2012 12:07 AM

    GIVING AWAY 1 OZ GOLD COIN

    If anyone can show me using 6th grade mathematics a believable equation how we attained 7 billion people today using their estimate of the worlds population thousands upon thousands of years ago.

    Show me that your equation is more believable or even remotley close to my belief that there were 8 people 4,500 years ago(after the flood),and it doubled every 150 years or so is how we reached 7 billion

    Example if you believe 25,000, 50,000, or100,000, etc years ago there were X number of people on the earth how did the population increase to get 7 billion today.

    If you can demonstrate this using 6 th mathematics I swear to you
    I WILL GIVE YOU A ONE OZ. 99.99% PURE MAPLE LEAF GOLD COIN

    Al Korelin will be the judge

    Sharpen your pencils and come get you free gold coin

    Thank you Joe

    I

      May 12, 2012 12:27 AM

      No. I doubt that the most well read rabbis believe in Adam & Eve.

      Do you know what Adam means? Do you know what adom means? Do you know what Noah means?

      Do you know that admi means man in Hindi? It means human.

      I want you to calm down and sell your Bible on hateful sites. This is not a hate site. Why make us feel bad? We have enough problems.

      Stick to PMs, JPM, gold, silver. From all of us to you.

        May 12, 2012 12:04 AM

        HI james,
        Why are you saying this is a hateful sit.
        I am trying to open peoples eyes using simple methology. simple mathematics
        Even God says how can you understand heavenly things if you cannot understand simple things.

        As for what the name of Adam means in Hindi. Who cares. It is not evne spelled the same way. The Hindi religion did not even exist then.
        Are you telling me all the translators of the KJ1611 conspried this.
        There are words in one language that mean a whole lot in another. it is insignificate.
        You lost me completely here.
        I thought you were wiser than this.
        Sorry. Joe

      May 12, 2012 12:10 AM

      Joseph…..In order to be a fair contest, we need three, AL, EVE AND ADAM……,ok, ok,
      two are dead, so Irish has decide he could be a judge, and C.hero.., the jury….
      now , that would be fair……what say yee…..
      Plus I know Irish will get that coin somehow..and he promised to split it with me…..
      OOTB….

        May 12, 2012 12:27 AM

        I WILL ADD A SILVER COIN AS WELL
        Al as judge is enough. Just show me the simple 6th grade math
        Do not make a simple demonstation out to be complicated or impossible
        Evolutionist are good at that. They make simple things complicated
        And complicated things simple
        Finally what do you mean split it with you.
        Do you believe also the world is more than 6 thousand years old as well
        You show your spots more and more as time goes by
        Well then go ahead and take my challenge
        Good Luck you will need lot and lots of it and pencils as well

        Joe

        May 12, 2012 12:27 AM

        Actually, Mr. In the Box, it is a three way split!

        Big Al

          May 12, 2012 12:04 PM

          AL. Your in mate…..Now i’m just about to make a start…………..1+1=2…2+2=4…4+4=….oh sod it i’m bored already.

            May 12, 2012 12:23 PM

            Irishtony
            This is what I mean you evolutionist mock Christians and when we ask for substance you chicken out, ridicule and at the end have nothing
            And you expect me and others to believe you
            Who is the fool here.
            Joe

            May 13, 2012 13:20 PM

            Joseph….I am on your side , in regards to ,,evolution can be proven invalid…as you are saying……ANY ONE INTRESTED IN THE SUBJECT SHOULD LISTEN TO
            KEN HAM….CREATION MUSEUM…IN CINCINATI, OHIO…..GO CHECK IT OUT FOR
            YOUR SELF….

      May 12, 2012 12:19 AM

      Good point Joseph. How? I don’t know. However, most animal populations seem to stay about unchanged. When we ‘humans’ got technology and medicine, our birth rate has outstripped the death rate and populatoin has exploded. I would guess that it was not expontential until then (a few hundred years ago perhaps or maybe even more recently). On long term graphs, it looks more rapid than exponential, like a Tangent(x) graph near x=90 degrees.

      The population graphs look like the ultimate asset bubble to me with a collapse coming very soon, within 100 years or possibly less. As with all of bubbles, the protagonists of population dynaics seem to predict a small correction to stabilise the population out at some high stabe level.

      However, in bubbles this almost never happens – there is usually a collapse. In year 2000, I read analysts who said there would be a 20% correction in the Nasdaq (there was then a 30% correction in weeks and an 80% correcion over about the next 3 years).

      We will hit a natural limit and that has to be soon. Despite technology we cannot survive away from the Earth’s surface. So we have to live here or die here together.

        May 12, 2012 12:12 PM

        Silverbug,

        Please try the experiment. Take 8 people and estimate that thepopulation doube every 150 yrs and see the outcome
        It is impossible to go futher back more than 6,000 yrs
        This belief in evolution does not add up.
        There could not even have been people on the earth 10,000 yrs ago let alone 25,000 and more
        The world is not older than 6,000 yrs old
        You will see that none of the evolutionist here will post their findings
        No one will Collect the Gold Coin and Silver coin
        These people are all talk and no substance

        thank you God Bless Joe

          May 12, 2012 12:09 PM

          JOSEPH….WHY 8 people ? Why cant we start with two people, or perhaps 9 what happens then ?

            May 12, 2012 12:27 PM

            IrisTony
            According to the Bible there was a flood 4500 (Heard of Noah)
            Therefore for this to be true there must be a mathematical possiblity that after 4500 the popuation is 7 billion today
            If you can show me this is not possible and you have a better solution I will give you a Gold Coin and I will also burn my Bible and never quote God again
            Thank you Joe

            May 12, 2012 12:29 PM

            Iris Tony
            You believe the world is Billions of year old so show me when people walked on earth and how we got 7 billion today
            Give me some substance, some proof,
            This is 6th grade math it is not complicated
            Joe

    May 12, 2012 12:20 AM

    Joseph. A good Jewish name. Do you know what it means? Do you know what David, Moses, Noah, Samson or Esther mean? Can you spell those names in Hebrew? Jesus could.

    I do believe that we are in the last days or years of the West. We have this debt of granite hanging above us that is inescapable.

    JPMorgan lost much much more than 2 billion. It will come out.

    Why do Christians refer to the ” new testament” and ” old testament”? I find these terms offensive. When I read what Christians call the “old testament”, it was new for me. Why do Christians so dogmatically use these terms? Where are the Christians who wish to change their names? Christians just refuse to discuss this.

    In all due respect, you are reading a text in modern English, converted from old English, translated from French or German, from Greek, translated from Hebrew into Latin, and falsely translated, by Saint Jerome. Who was probably jealous of the Jews so he depicted Moses with horns.

    Joseph, if you cannot read Biblical Hebrew, then you are repeating what you believe you know.

    I will recommend you to a site: http://www.hebrew4christians.com or hebrewforchristians.com. That guy is very good.

    Joseph, I peruse many PM sites. Many of them have good commentary but in an instant can turn into a hot rant over the USS Liberty and Zionism. This site seems to be free of that. l know that Christians support Israel. But attitudes can turn on a dime if a new text is discovered telling Christians to be wary of Israel.

      May 12, 2012 12:42 AM

      Hi James,
      I have to be going now but will comment.
      I believe we are in the last days world wide over 95% probability
      Rev:17 Woman(Rome, Vatican) riding the beast(European Union, Roman empire)
      Also predicted in the book of Daniel
      Rev13:16 The Mark(Micro Chip) on your hand
      There are many others But realize this that when Jesus left us up until Isreal became a nation(Which is another prophecy cannot remember the verse) there were no prophecies fulfilled. Only after Isreal became a nation was there a flood of prophecies fulfilled.
      Satillte and internet: Revelation 11. The world shall see their dead bodies for 3 1/2 days
      Isreal a budensome stone: Zachariah
      Gather all armies of the world around Isreal for battle: Zachariah

      As for the new or old. I do not put too much importance to this unless you speak to a Jew you should use Old Covenant and New Covenant

      For the translation I recommend you search Gail Riplinger who was sick for many many months and decided to take the time to investigate this issue and you will be impressed. She one of the best if not the best.

      The founding fathers used it and elementry school children learned their English with it in the past.
      Further more it was around for 400 yrs and used by all.
      God would not have allowed his word to be unattainable.

      It will be very very very hard to pull me away from the KJ1611

      Finally try my challenge and share it others. You will be surprised.

      Lord Bless you all Joe

        May 12, 2012 12:01 PM

        Joe,

        I find your comments about Israel to be absurd.

        Big Al

          May 12, 2012 12:08 PM

          Hi Al,

          I am sorry you find them absud. But that is what God says. It is clear
          Start by getting yourself a Bible(KJ1611) and read.

          Zechariah 14
          vs 2. For I shall gather all nations against jerusalem for battle….
          vs 3. Then shall the Lord go forth and fight against those nations, as when he fought in the day of battle
          vs 4. And his feet shall stand in thatbday upon the mount of Olives ….mount Olives shall cleave on the midst thereof toward the east and the west and there shall be a great valley…

          Zechariah 12:2-3
          Behold I will make Jeruselam a cup of trembling unto all the people round about,when they shall be in siege both against Judah and against Jersulem.
          And in that day I will make jerusalem a burdensome stone for all the people: all that burden themselves with it shall be cut in pieces, though all the people of the earth be gathered together against it.

          Please explain the verse I mentioned.

          Maybe you can ask your Catholic Priest you listen to. Good luck with that

          …the blind lead the blind, both shall fall into the ditch. Mathew15:14

          My advise Al is stay away from these priest because the are blind, false preachers and will not enter the kingdom As sure as the sun wise rise tomorrow this is the truth
          If you wish to play religion Al and take your chances with these guys I would be very worried for you and your family
          Remember do not kill the messanger.
          Like you say: Do your due diligence

          Sorry Al but this is the truth. I am Italian coming from a Roman catholic family

          Lord Bless Joe

      May 12, 2012 12:42 AM

      Why do Christians refer to the ” new testament” and ” old testament”?

      A testament is a one sided contract, where only one party writes all the terms and it cannot be broken. In this case, God writes all the terms. The old one was the 10 commandments and 643 rules of life. The purpose of this was to allow anyone willing to look to conclude no one could fulfill it.

      All we like sheep have gone astray; we have turned every one to his own way; and the LORD hath laid on him the iniquity of us all. – Isaiah 53:6

      Enters the Messiah prophesied of to Adam and everyone down the line to fulfill the law and offer himself a perfect sacrifice for all, and that testament, contract is nailed to the cross, dies with him.

      The new contract is now this:

      Romans – For in the gospel the righteousness of God is revealed —a righteousness that is by faith from first to last, just as it is written: “The righteous will live by faith.”

      And people both from the old period and the new who placed their trust in the Lord can claim salvation by grace through faith.

      All this should be young teenage years material. All of us should be very familiar with the reasons behind the reformation, etc., etc.

        May 12, 2012 12:03 PM

        Afternoon MissiveDuTexas,

        Of course, “The righteous will live by faith”!

        Best,

        Big Al

          May 12, 2012 12:28 PM

          Al, I thought you’re Catholic. (SOOOORY, I couldn’t resist that. Forgive me.)

      May 12, 2012 12:12 PM

      Hi james,
      Concerning Israel God said it I believe three time in the old covenant
      that he who Blesses Israel shall be blessed and he that curses israel shall be cursed.
      I do not know here the verses are Sorry

      Joe

    May 12, 2012 12:13 AM

    Hi Big Al,
    Another great show. Thank you. The more fiat money created, the more metals I purchase. Best to all.

      May 12, 2012 12:42 AM

      KS,
      Keeping it simple!…..Love it….all the best!
      Marc

        May 12, 2012 12:29 AM

        Amen, Keep Stacking and Marc, amen!

        Big Al

    May 12, 2012 12:58 AM

    Good morning Al,
    Great show as usual. I think the whole gay issue was purely political to distract from the economic problems which are for the most part caused by Obama’s policies. Michael is correct is calling Obama a dictator. He is going full force to implement the health care bill and hiring 4000 IRS agents as insurance police. This president is a narcissist with socialist ideals who will do anything including voter fraud to get elected. Yes, for me anyone but Obama. I understand your motive for writing in Ron Paul, but in actuality Al you will be voting for Obama.

      May 12, 2012 12:49 AM

      Hello KAREN…I dont think the voters should give up on MR PAUL just yet, a lot could happen between now & November , but having said that, if it looks like HE does not have a chance of winning, then people MUST vote for ROMMNEY if he is the last man standing, even if they dont like him….the EMPEROR MUST NOT BE ALLOWED TO WIN…because if he does America will live to regret it, as will the rest of the WORLD………..The man is dangerous VERY DANGEROUS.

      May 12, 2012 12:32 AM

      Yes, I realize that Karen.

      I am examining my voting action very carefully.

      I will be visiting with the Congressman, hopefully, this week. And, Kathy and I will be spending some time with Jeff and Paula Deist.

      Going to be a great week!

      Big Al

        May 12, 2012 12:21 PM

        HI AL….Please bear in mind my wish , of having MR PAUL & MR FARAGE on the same program, I feel MR FARAGE would be up for it, it’s just a question of MR PAUL finding time. Please give my regards to MR PAUL, & tell him this is one Irish guy who would vote for him, giving the chance…………So come on all you sleepy Americans wake up & vote for the only man who can save your country, & your future.

        May 13, 2012 13:27 AM

        Hi Al, Karen, Irishtony, I`m voting for Ron Paul too, if Ron Paul fails to win the GOP nomination will Ron Paul run as an Independent? If he goes on as an Independent Ron Paul will swept the floor with Romney & Obama. Ron Paul is so much more popular than either of the others just mentioned. I live in Santa Cruz, CA this is a Democrat stronghold here but Ron Paul is popular here more so than Obama. Romney would cause people to vote for Obama here in California. Obama greatly fears Ron Paul, thats why MSM and the mainstream media ignors Ron Paul because the media by and large are controled by Obama. Obama wants the loser Romney to run against him instead of Ron Paul. The banks are too in bed with Romney & Obama and big gov`t programs and spending to the sky policies, its a no win for either people getting in for the super banks winning the election. These banks are the ones running these guys(Obama/Romney) campaigns their money i.e..

      May 12, 2012 12:22 PM

      Hi Karen.
      Ron Paul will crush Romney. It is not over. Romney is panicking
      Do some research
      The problem is If he wins he might not die of natural causes. JFK anyone
      He will have lots of powerful enemies. This is the scary but truthful part
      Joe

        May 13, 2012 13:57 PM

        Hi D Brophy & Joe,
        Ron Paul is of course my preferred candidate. Unfortunately, I do not think he has enough delegates but certainly hope I am wrong. He already said he would not run as a third party. I also think that Romney if elected will have a place for Ron Paul. That said, my concern is, if it is Romney and Obama on the ticket any write in would help Obama.

          May 13, 2012 13:06 PM

          Karen point taken, but so far I`ve not see anything otherwise indicating that he wouldn`t run as an Independent otherwise, I`d have to vote for whom I`d think would win. And as of the Krugman vs Paul interview/debate Paul didn`t say anything about quiting even after the debate, in fact he said that he would push on to the end until all the votes have been counted. And then said that millions of people have called out to him for deliverance and that makes it seem to me that he will go all the way.

    May 12, 2012 12:32 AM

    Hi Joseph,
    I agree. Everything that is happening today is prophesied in the Bible. We are in the final steps toward the ultimate collapse of the global economy and the development of a one-world monetary system. This will be followed by the demands of Satan’s CEO and the chip to buy and sell. Everyone should be comforted by Gods eternal word by reading the Bible.
    God bless you.

      May 12, 2012 12:59 AM

      HI Karen,

      I read the Book every single day. Teaches me how to live!

      God Bless,

      Big Al

      May 12, 2012 12:38 PM

      Hi Karen,
      People when they are left behind during the tribulation will need all their power and conviction not to take the Mark of the Beast as you know all the people that take the mark are damned to hell.
      There will be heavy persecution, people will get killed. It will be like the days of Hitler.
      Families will be torn apart because of their beliefs.
      people here seem not to appreciate what I am telling them.
      But if they will be in the tribulation period my words will be of great importance and will influence their decision.
      Anyway they killed Christ because of what he said so am in good company
      thank you Lord bless Joe

      May 12, 2012 12:38 PM

      Hi Karen,
      People when they are left behind during the tribulation will need all their power and conviction not to take the Mark of the Beast as you know all the people that take the mark are damned to hell.
      There will be heavy persecution, people will get killed. It will be like the days of Hitler.
      Families will be torn apart because of their beliefs.
      people here seem not to appreciate what I am telling them.
      But if they will be in the tribulation period my words will be of great importance and will influence their decision.
      Anyway they killed Christ because of what he said so am in good company
      thank you Lord bless Joe

    May 12, 2012 12:02 AM

    The unyielding expansion of government the United States has witnessed in the last century can be blamed largely on two significant failings.
    1) Congress abdicating its constitutional responsibility for monetary and fiscal policy;
    2) The corrupt expanded interpretation of the commerce clause.
    As far as #1….. On the monetary front in 1913 the Federal Reserve Act abdicated monetary policy to a fairly described secretive entity whose fiduciary responsibility is to unannounced shareholders. Resulting from the ensuing monetary mayhem we have traveled so far down a path of insolvency Congress has recently ignored it’s constitutional mandate to pass a budget.
    As Far as #2….. when engaging the socialist expansions of FDR’s 1930’s… LBJ 1960’s and today’s administration in order to find a constitutional fig leaf of authority to cover the otherwise unconstitutional acts…. it was decided to exploit the commerce clause.
    The commerce clause simply states Congress shall have the power “To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.”
    How do you get from there to regulating a workers old age pension…..to having a war on poverty ……..to compelling someone to buy a product simply because you breath.
    The 9th and 10th amendments leave all that good discretionary stuff to the several states if they should so choose.

    We have become accustomed to and reliant upon programs put in place. Like a fish in water we soon forget we are wet. Our own yielding of our own liberty has become ubiquitous. We start to not even notice it as it disappears entirely. At some point the mania of the crowd finds us standing in front of a bon fire of books we are forbidden to read. We think approved thoughts. We think less. We think so much less because it hurts too much to remember.

      May 12, 2012 12:37 AM

      Happy Saturday, Dennis M

      As usual your comments are astute.

      I really appreciate your coming on the Show and our great words on this site.

      Best,

      Big Al

      May 13, 2012 13:31 PM

      Dennis: Your right about 1 and 2 items. I think a 3) item must be added with aided and enabled the first two, and that would be creation of the Federal Reserve Bank in 1913. However, that creation by itself did not enable 1 and 2 to get started, but it was inevitable when first Gold was taken out of the US domestic monetary system and then absolutely guaranteed into unsustainable growth in government after 1971 when the US went off the gold standard for international payment.

      Where is the future of the US going? What do you think will be the changes going forward say year by year for the next 20 years? There are many possible outcomes but only one final outcome to happen, what do you think will be the “foreseeable” happenings in the 20 year outcome? These questions are mostly rhetorical as thoughts to ponder, because we know certain inevitabilities can be altered by various white, grey to black swans which probably will happen along the way.

      Strauss and Howe write in The Fourth Turning with reference to various cycles built on generations. For the US times of major wars and social unrest occur about every 80 years (Revolutionary war, Civil War, WWII and now the “War of all Wars”), but each of these had possible outcomes and I don’t think anyone living in the begging of these war related events could have accurately predicted the outcomes. Nonetheless specific things happened leading up to these “Winters” that suggested with high probability how the Winters would start.

      I have several thoughts which you and most on this board would probably agree with, as to events that are highly probable to happen soon. For example, a) Growth in government financed by debt will collapse, b) US dollar as world currency will come to end and probably very fast instead of slow, c) The US will loose its status as being the biggest world economic and military power. e) The consumption of oil in the US will plummet along with the average standard of living for its population.

      Please anyone give me more of your ideas on what will likely happen in the US.

        May 13, 2012 13:02 PM

        Clay,
        In order to save our country you need to win the hearts and minds of the people.
        Winning the message is a tough sell.
        In order for this country to return to reality it needs to take a very hard depression.
        Put that in a campaign slogan.
        Just as the paper bugs are between a monetary rock and a fiscal hard place we are in a bit of a box.
        How do you win a battle of ideas when your message requires hard sacrifice.
        Clay, in the message you replied to I was thinking the Federal Reserve Act was Exhibit #1 for item #1.
        Maybe if we add a #3 cause it would be Madison Avenue and mass media convincing America debt was good.
        If we win the battle of ideas America will be strong.
        Finally, I would rather be a citizen of a country that was struggling humble good striving to be better than to be a citizen of a country that is supposedly leading in all things but is so while being arrogant and corrupt.
        May providence guide our decisions and may the days of the white hat return.

          May 13, 2012 13:34 PM

          Dennis: The question becomes. Who is John Galt?

          I have already Gone Galt for some time now, but waiting is a real bitch because I still care.

            May 13, 2012 13:40 PM

            Dennis: And yes the Federal Reserve act is your #1.

    May 12, 2012 12:21 AM

    I gotta tell you guys this story.
    When Jesus finally comes he might be riding a donkey up the road to see the pope. One of the popes minions might see Jesus and rush to tell the pope “Jesus is on the way, what do we do?”
    The pope might think about it and tell his minion “Look busy”
    Lighten up people, if I burn in your hell for all eternity Joeseph its not your problem.
    Lets get into figureing out how to best invest for ourselves family and friends, if we are good at it we might even have enough to aid those less fortunate.
    Peace be on you all.

      May 12, 2012 12:39 AM

      Thank you benb for this comment!

      Big Al

        May 16, 2012 16:52 AM

        That reminds me of a joke, to wit:
        How do you keep all those in the Vatican on their toes?
        Answer: raise all the urinals.
        Ba dum dum TISH!!!!!

      May 12, 2012 12:30 PM

      Hi bend,
      let me quote a verse when he comes back:
      Mathew 24:27
      For as the lightening cometh out of the east, and shineth even to the west; so shall also the coming of the Son of man be

      Mathew 13:22-26
      For false Christs and false prophets shall rise, and shall shew signs and wonders, to seduce, if it were possible even the elect.
      But in those days, after that tribulation, the sun shall be darkened, and the moon shall not give her light.
      And the stars of heaven shall fall, and the powers that are in heaven shall be shaken.
      And then shall they see the Son of man coming in the clouds with great power and glory.

      Concerning you statemnt burning in our hell
      Your destiny is up to you to decide. Do your due deligence and seek the facts
      Jesus said to prove all things. Believe me there is more facts that back up Judea Christian beliefs than you can image.
      Start will my population challenge it will make you scratch your head
      Get yourself a KJ1611 Bible and start reading
      If you have questions e-mail me at peppe@primus.ca
      I will try to answer your questions best way I know how.

      thank you Lord Bless Joe

    May 12, 2012 12:42 AM

    Big Al,
    Marin nailed it on the number one factor in the junior resource sector – PEOPLE! Al, you have been VERY vocal and consistent on this since I got heavily involved in this very valuable site. You invest in people.They are most important factor in driving a company to successful production. Big Al, thanks for giving me that INITIAL focus for initiating my investment strategy in this sector. Finally, PATIENCE will be the key ingredient to “surviving” the current long, drawn-out and quite frankly, boring (lack of a better term) malaise in the PM sector. Everything else WILL eventually fall into place!
    All the best,
    Marc

      May 12, 2012 12:40 AM

      Thanks Marc,

      You are a very bright guy and I know that you do your thinking for yourself.

      Getting closer to the big game!

      Big Al

    May 12, 2012 12:43 AM

    Not sure the change of French administration will be good for gold. Politicians lie to get elected. Once they are in office, their opinions can change pretty quickly, and they can blame any event for their change of mind.

    But there are fundamentals which should be good for precious metals in the long run, if not good in general for the well being of many peoples… Europeans do not work anywhere near hard enough to grow their way out of the hole many of their countries are in. So, it means inflating currency because there are far too many obstacles to really getting genuine reductions in government spending and increases in productivity. The debt is a problem the UK will almost certainly solve mostly by inflating the currency (involving as much creative accounting as they think they can get away with). They can talk austerity all they like but it won’t be possible within even one generation to change an engrained mindset of several generations. In the Eurozone, things are more complex. The Germans have an historical dislike for inflation, they have a culture with a strong work ethic, and a strong belief in responsibility. Hard to see them accepting inflating the Euro by the amount necessary to manage the debt. On the other hand, they benefit from the culturally more easy going Mediterranean countries and Ireland weakening the value of the Euro. Difficult to call, but I reckon Germany will do it if they are given more power. In other words, I would expect a democratic deficit to arise in the Mediterranean and Ireland, as a result of the centralization of economic powers in Brussels – which the Germans effectively control. To an extent, this democratic deficit has been growing over the long years of the development of the European project. Maybe I am being a little harsh on countries that have referenda on European Union policies, but it seems they are consistently having two referenda; one that says no to Brussels, and then a second one that then says yes to Brussels, and even if they say no twice, Brussels finds a way to have their politicians say yes anyway. I think there is much trouble and strife to come for the countries that will suffer the Euro because of their lack of productivity and cultural difference. To my mind the European Union may get smaller with Greece leaving, but I don’t think there is the stomach for it in Euroland, so I am not certain about that, even though many political commentators are suggesting it is inevitable. I think the Eurozone will all head towards stronger union. Not like the USSR was, but perhaps quite like Germania was envisioned – a Euro-wide German-dominated cultural ethic. But there will have to be some combination of inflated currency and radical political change at least within the Eurozone, if not the European Union as a whole.

    There are some countries that will have no desire to be part of such a German dominated political project. Most obviously the UK – perhaps some of the Nordic countries. The vast majority of the people in the UK do not believe in the European project anyway, and sooner or later it will tell on the political establishment there that do believe in it. The UK will certainly never join the Euro. But if the Eurozone deepens its union politically, I can see the UK totally outside of the European Union in its entirety. Perhaps some free trade treaty in the future for the UK but that would be about all I could see the people of the UK accepting – it is actually what they signed up for originally.

    In the long run precious metals should benefit from all the inflation and upheaval, but the world won’t benefit from all this really. I am not looking forward to the future with hope for a better world before I am an old man. The rise of government power goes hand in hand with a decline in individual responsibility. There will be a clique of comfortably wealthy hypocrites in power telling a lot of angry struggling people what they can and cannot do, and how they should do it. Certainly a recipe for trouble and strife.

      May 12, 2012 12:45 AM

      Afternoon James,

      Interesting thoughts. I find your last paragraph to be particularly insightful and I completely agree with it.

      Big Al

      May 12, 2012 12:39 PM

      Glad to see some posts without religious sermons here, but your perception of European political dynamics seems strange to me. Among your peers, do you often turn out to have made the best calls?

        May 13, 2012 13:33 PM

        If I made the best calls I would never let on 🙂 But lets say, hit and miss like most people.

        But I would like to know what you think about European political dynamics and how things will unfold. My view being strange implies you hold a different view, otherwise my view would not be strange to you – a frame of reference is required for that. So would be good to have a discussion about it. I am not egocentrically attached to my opinions, and I am always willing to be convinced by good arguments and sound reasoning of the incorrectness of my point of view.

    May 12, 2012 12:44 AM

    Neglected to say, really enjoyed the show Al, especially Doc Richard, hope he can come on again.
    Thanks for everything Al

      frr
      May 12, 2012 12:21 AM

      On a clear day – you can see “wherever” the criminals have been hiding their fraudulent assets!!!, while
      others believing in the great successful risk control of marginal derivatives, blown out of any proportion.

      Peter Grandich, reminding me of Mark Twain said -what you see in Europe today is only a percursor to what’s going to happen in Amerika. … and it’s happening …

      … and who knows the real loss of JPM and its future losses?
      Talking about a mere 2 billion out of a quadrillion of unsecured and margined to the hilt obscure (credit) risk control mechanics, it seems to become pretty clear that these efforts have become the source of multiplying the effects of these risk factors; While JPM.the largest and US gov. bank ever is now on a gradient to Nirvana – so may be the compromised rest of the official USofSA!

      God bless – and revitalize the US I was trying to copy as an European – and God bless, please let me stand on my own moral and ethical standards… and never have me repeal my “Pater Noster” to Wall Street!

        May 12, 2012 12:57 AM

        Thanks frr,

        Big Al

          Jan 31, 2014 31:55 PM

          The forum is a brtgeihr place thanks to your posts. Thanks!

          Feb 02, 2014 02:19 PM

          I’m impressed by your writing. Are you a professional or just very knldlewgeaboe?

      May 12, 2012 12:48 AM

      Afternoon benb,

      I am pretty sure that he will be on again and then again.

      Thanks for your comments regarding the Show.

      You know, we had to leave for Seattle around 4:30 on Friday as we were flying out of there at 6:20 a.m. today. (Oh man I hate to get up that early!)

      On Friday I was hoping I would be finished by around 1 pm. as I kind of wanted to “tee it up” for nine holes.

      It turned out, I got so involved doing the Show we were barely able to leave by 4:30. I cannot tell you how much fun it is to do this show and visit with the guests.

      What a life!

      Big Al

        Feb 01, 2014 01:40 AM

        Superior thinking demttsoraned above. Thanks!

        Feb 02, 2014 02:53 AM

        Well put, sir, well put. I’ll celnritay make note of that.

    May 12, 2012 12:21 AM

    Joseph,

    A small word of advice. If you are trying to win people over to any particular point of view, you don’t do it by attacking, even if you are convinced that the content of your attack is completely true.

    Your approach causes people to raise their shields, turn off and pigeon hole you. In the end all you have done is polarize the scene. You may think, “if it’s the truth, then it needs to be used for what it is.” But you are using the truth (as you see it) a club, and that puts people off. See your #1 point above.

    There are more constructive, less aggressive ways to go about it. The head-on approach, as tempting as it is, doesn’t work.

      May 12, 2012 12:22 AM

      Meant to say: “But you are using the truth (as you see it) as a club,”

        May 12, 2012 12:46 PM

        Hi peter,
        I am not using the truth as a club If I quote scriptures what do you expect.
        The word of God is Powerful, If you use the KJ1611 Bible
        is it my fault if the Word is powerful and feels like a club
        ]Joe

          May 12, 2012 12:45 PM

          JOSEPH………I have just figured you out, you keep pushing the KJ1611 bible why ? I think you have just bought the world wide publishing rights.

          May 12, 2012 12:52 PM

          Hi joseph,

          You need to read carefully. I specified the example of what I’m referring to.

          You might also want to consider the possibility that more than one interpretation of the Bible is possible where its secondary teachings are concerned. The age of the earth is a secondary teaching. Matter of fact, the age of the earth is not mentioned in the Bible. It is simple an inference arrived at by adding the ages of the individuals listed in the Genesis genealogies.

          This interpretation assumes that the ancients, the Bible and God use the Greek empirical method of relating things, as we in the West have been brought up to do. This is a dicey presupposition in that it assumes that there are no gaps in the genealogy. It reads to us as if there are no gaps, but it’s entirely possible that only the main characters are mentioned. This is not to say that the accounts are false. It doesn’t mean that, but we can’t assert with certainty that they provide exhaustive records, as you seem to believe.

          The historical records presented in the Bible, have often been corroborated by archeology. Amazingly so sometimes. The Old Testament actually happens to be one of the most accurate accounts of the history of that region and age. Even so, we know that it contains many gaps. This is not the same as error. It reports what is spiritually relevant and does not see its purpose as providing an exhaustive summary of the history – ALTHOUGH, of all known ancient text it is the one that comes by far the closest to doing that.

            May 12, 2012 12:30 PM

            HI PETER,
            Lets keep it simple because God is no fool.
            If he can predict the future he sure new tis controversial issue was going to happen.
            Furthermore with souls at sake it is very serious.

            All, and I do mean all other Bibles have the verse Acts 8:37 missing.
            8:36 is a question and then no answer, then 38 results in an action concerning the question.
            Only the King James 1611 does not have the verse missing.
            This should send off alarm bells yet people yawn
            In a normal conversation you answer the question.

            Even 1John 5:7 is missing
            There are so many verses missing it is disgusting

            Non believers would and should laugh if you should them other versions
            Therefore KJ1611 is unique. either wrong or right there is no inbetween

            Another issue is that it was the only Bible around for approx 400 yrs.
            God said his words will never pass away
            All other Bibles came into view after Israel became a nation

            The K1611 when you read it it is powerful and to the point
            The living Bible for example reads like a Mad comic book
            This Bible is the worst of all and Bill Graham saved it himself the fool

            One author who translated one of these forgeries wrote a letter of apoligy and
            requested God to forgive him and stated he was in fear for his soul because of what he did

            Reseach Gail Riplinger she is very reputable and did extensive research if you want to take that route

            Let me also mention the English language was taught to the world with the KJ1611
            School children in the past use to use it and their vocabulary was much better than todays
            Farmers in the past had a better vocabulary as well than even todays lawyers
            The writings in the past todays lawyers were not capable of understanding because their vocabulary was weak. Yet simple farmers understoood these writings and was common language

            It all comes down to this God has one Word not several. This should not be contraversal.
            KJ1611 stand by itself separated among all others.
            i am convinced beyond a shadow of a doubt all other English language Bibles are forgeries as far as I have seen

            Thank you Lord Bless Joe

            May 13, 2012 13:57 PM

            Blessed Sunday to you Joseph

            “Prove all things…”

            http://www.fredsbibletalk.com/theunboundscriptures.html

            God Bless

            May 13, 2012 13:47 PM

            Hi Mark,
            I am sorry but I like to keep it simple as I stated above. I do not believe God made it so complicated for us to see which Bible is his Word. To me missing verses tells it all and the KJ1611 is the only one that stands alone.
            The Bible is powerful like the Lord. The other bibles I am sorry they sound like mush.
            I actaly get sick to my stomach when I hear it read, i cannot even stand reading or holding it in my hands.
            Thank you Lord Bless Good night

            May 13, 2012 13:50 PM

            Joseph……You are correct about the KJV 1611…., the problem most people have
            today, is how the kjv…came to be….most think a bible is a bible…NIV, Nelson,etc.
            The bible is the only book that was not copyrighted….anyone can reproduce it….
            thus, some of the problem….not all the truth is transcribed correctly….

            May 13, 2012 13:15 PM

            Jerry, exactly said, though I not Joseph. For example in the Hebrew it only translates in only a causative tense, no permissive tense. Where God said, I create evil and I create good as a causative tense, when in fact God permitted evil to be created. The angels like us have a free will to choose. In the 70 written in classical greek in 470 BC it was translated by the 70 elders from the Hebrew. In that book that contains the entire O.T.. When Alexander the Great, was conquering the know world at that time he left those he conquered with his language, so at the time Greek was the language of the realm or the worlds second language. Much like what the British did too, but with English.

            May 13, 2012 13:36 PM

            D.B…….In 300 ad….the Waldenese in Northern Italy, in the Piedmont region
            , were memorizing the scriptures,and having the young memorize the verses to hand down from generation to generation…..this will lead up to the correct verses being
            put in the KJV..CHECK IT OUT…see John Foxx THE BOOK OF MYARTARS.

          May 13, 2012 13:36 PM

          Joe.

          So you have a genuine 1611 with all the aprocryphal books?

        Jul 24, 2012 24:02 PM

        I and my pals were actually exmiinang the great key points located on your web blog while at once I got an awful suspicion I had not thanked the website owner for them. The people happened to be as a consequence stimulated to see all of them and already have undoubtedly been making the most of them. Thank you for genuinely quite helpful and then for opting for such incredibly good information most people are really needing to learn about. Our sincere regret for not saying thanks to earlier.

      May 12, 2012 12:42 PM

      Hi Peter,
      Who did I attack and in which way?
      If you are refering to castanheiro, He was very cruel and ridiculing me

      If you are refering to my challlenge I find notthing wrong with it instead Jesus said to prove all things.

      Further more I do not appreciatte or have patience with these evolutionist clowns who mock and have no substance. These people there is no way you can tell me the best way to proceed.
      These people are deceiving others and I take this issue seriously and i figure putting the fear of God in them is the best way. The pasture I had was won over by this method. And he was one of the best.

      thank you Lord Bless Joe

    May 12, 2012 12:52 AM
    May 12, 2012 12:38 PM

    Been following that Westhaven group since they last appeared on your show. I like the look of that project in BC near Tasekos. I’m thinking of picking some up if drilling is about to start. Good luck to all the longs.

    Have a good one.

      May 12, 2012 12:11 PM

      Hi Bob,

      When management gets the private placement put together, we will certainly be buying a portion of that stock.

      Big Al

    Ken
    May 12, 2012 12:08 PM

    I will be the first to admit I do not know for sure where gold and silver are headed.

    I have learned the hard way that I am not a market timer. I have also learned the hard way that others who claim to be market timers for a living are not.

    But look at what John Mauldin pointed out this week:

    “This week the German Bundesbank waved the white flag. The die is cast. For good or ill, Europe has embarked on a program that will require multiple trillions of euros of freshly minted money in order to maintain the eurozone. But the alternative, European leaders agree, is even worse. Today we will look at the recent German shift in policy, why it was so predictable, and what it means. This is a Ponzi scheme that makes Madoff look like a small-time street hustler.”

    In the short to intermediate term this is very likely to be positive for the dollar. So we could see gold and silver take further hits.

    But can you honestly tell me the US isn’t in the same position? How else will our crimnal politicians and government get out of the huge debt and unfunded liability hole?

    It’s the same story for the US and that is bullish for gold and silver.

    Having said that I still think you need to diversify. Maybe something like the Harry Browne portfolio or some variation. Although I’ve got to admit I would have to swallow hard to buy any bonds, especially long term.

      May 12, 2012 12:40 PM

      Ken,

      You and Mauldin are exactly right. Ever see the movie Backdraft? The explanation of how a fire sucks-in oxygen as it tries to combust is somewhat akin to how investors will suck-in USD when the EU goes. It’s what they’ve always done, and they’ll do it again. But also like a fire, open the door and the flames will leap out with detonation-like force. That’s what will happen after those holding US dollars will start to see inflation eating away at their paper. Only at that point will they finally understand gold for what it really is, and not some abstraction to argue about over lunch. Most of us do not learn well from others. We have to stumble on our own to really ‘get it’.

      One thing I’ve also learned is that, once someone with some intelligence realizes how a system or concept works, it can be a long, irritating journey waiting for those around you to catch-up (if indeed, they ever catch-up). That’s why I prefer to think of gold and silver as a longer-term investment. There’s too much noise and teeth gnashing in between. Would I like to market-time and buy at the bottom? Sure, of course. But it isn’t going to matter in 5 years. Gold and silver are all going to be so much higher by 2017 that our opinions here and out in the MSM all amount to little more than degrees of ‘how much’, rather than ‘if’. Like you, market timing is not my specialty. But if something is cheap today, then it remains a good investment. If it gets cheaper, great. Keep stacking, all the way down. This isn’t a foolish, double-down on a loss, as so many gamblers do. It’s an intelligent, dollar-cost-average strategy for an inevitable outcome of inflation.

        Ken
        May 12, 2012 12:07 PM

        I tell you John, I think very tough days are ahead for this country. When it gets to the point that the politcians and banksters can no longer paper over the problems we will be living in a very different world.

          Feb 01, 2014 01:40 PM

          This inourdtces a pleasingly rational point of view.

        May 12, 2012 12:35 PM

        JOHN…i dont care how much silver yo yo’s, because eventually the string will shorten, & i’m keeping my hand high in the air.

          May 13, 2012 13:34 AM

          “The string will eventually shorten.” Can I use that? Great quote.

        May 12, 2012 12:18 PM

        John W.,
        In my humble opinion. Those comments are EXACTLY my line of thinking. Just EXCELLENT! I think you just nailed it and put an exclamation on the investment logic of what I am trying to accomplish. Thank you for those very astute and investment SAVVY comments.
        All the best,
        And thanks so much!
        Marc

          May 12, 2012 12:28 PM

          BTW,
          I am not saying indirectly. I am just saying that it is almost like you “pulled” my thoughts out of my head about this investing arena. Not patting myself on the back :).
          Marc

          May 13, 2012 13:36 AM

          OK, Marc. You caught me…I was channeling my thoughts. A little skill the CIA taught me during some experiments!

          Complete bunk, of course. My thoughts come from a condition called ‘logic’. Nice to know you’re also afflicted with it!

      May 12, 2012 12:15 PM

      Boy Ken,
      That last line was a “kicker” for me. I can’t buy bonds….actually, I am getting out of a pretty big bond investment to buy a condo to rent out – cash for cash…..I can’t sleep with that big of a bond investment ‘floating” in my portfolio. Too risky.
      All the best,
      Marc

        Ken
        May 13, 2012 13:56 AM

        Except in my 401k at work I am very light on bonds. The 401k has what a conventional investor would consider appropriate.

        Here’s an interesting article. I think the bond amount is too heavy, though.

        http://lewrockwell.com/wiggin/wiggin-addison16.1.html

          May 13, 2012 13:09 AM

          Ken,
          I heard of this guy. I am basically in Gold, silver(biggest placement), real estate, mining stocks, natural resources investments (ETF’s). I am currenty getting hammered basically. But, we are getting hurt by currency debasement. John W. is right. Be LONG (in PM’s) OR BE WRONG!
          Marc

        Ken
        May 13, 2012 13:59 AM

        Where are you buying the condo?

          May 13, 2012 13:53 AM

          Hey Ken,
          In the Pacific Beach area of San Diego. A “mecca” for the singles and their lifestyles. Short sale to be approved by the bank. We will see! All the best, Ken.

    May 12, 2012 12:21 PM

    For more on the collapse of the dollar, take a listen to this podcast with Jim Willie.

    http://www.tfmetalsreport.com/podcast/3782/tfmr-podcast-19-jim-willie

      Ken
      May 12, 2012 12:39 PM

      He makes some good but scary points. I tell ya, that guy always gave me the willies.

        May 12, 2012 12:26 PM

        Funny….Ken…good to hear you again….friend!

          Ken
          May 13, 2012 13:58 AM

          I tell you Marc, the way things are going I laugh so I will not cry.

          But I guess we should not take life too seriously because we will never get out of it alive.

            May 13, 2012 13:00 AM

            Yep, absolutely.

    May 12, 2012 12:46 PM

    If you all will excuse, I have to go out and buy another box of Kleenex, since I’ve been crying all night over JP Morgan’s $2 billion loss.

    Not.

    More like buy some party hats and a cake.

    May 12, 2012 12:48 PM

    Al
    can you please spell the names that your guest mentioned:
    Amir Odani ????
    Nolan Watson
    Pat Decaptle ??? or Decample???
    thankx

    May 12, 2012 12:22 PM

    The first of the year we said we were all in this together. Financal Sense Newshour has a great program this week. I enjoyed the one, Jim had on holding onto your gold stocks when your emotions tells you to sell.

    May 12, 2012 12:36 PM

    The first of the year we said we were in this together. Finacial Sense had a great program this week end. Everyone with the time should listen to Jims big picture on holding on to your gold stocks when your emotions tells you to sell.

    May 12, 2012 12:15 PM

    WOW, DIDN’T KNOW THIS HAD BECOME THE “700 CLUB” THOUGHT THIS WAS A SERIOUS
    STOCK MARKET SIGHT!!!!! I’M A LITTLE EMBARRASSED THAT I HAVE TOLD OTHERS TO USE THIS SITE AS A STOCK PICKING TOOL. DOES TRADER ROG ALSO SUBSCRIBE TO THIS FUNDAMENTALIST BULLSHIT?

      May 13, 2012 13:37 AM

      Justin,
      You evolutionst when asked for substance justmock and ridicule.
      I ask for a simple 6th problem to be solved and you run and hide
      Who is spreading bullshit as you say
      Come up with concrete evidence otherwise stop mocking and shut up
      Christians are smarter than you think, much smarter than you.
      Joe

    May 12, 2012 12:30 PM

    Good lord, joeseph, I think you might be driving away people from this site. Look, if a person that is hindu,sihk, buddist or eastern orthidox christian or whatever should look upon this site, they will go away because of your religous beliefs, or your attempt to impose those beliefs on other people.
    I think the people from india or china (probobly not christian) or whereever would be an asset to this site, investment wise, as it would be good to see what other people think, but you.. why on earth would they want to be part of a comunity that is WACKO?
    Forget the religous junk, everyone here is an adult and have chosen their god from their own thinking and you quoting from Your books is not going to change their minds. Forget it, wether you are right or wrong doesnt matter,try a street corner, the people here are a little more educated and independent thinking than those you are trying to convert. And the “lord bless you” dont cut it. Try a site on the internet that is focused on your religion, Im sure they are out there,but as far as I know this is about investment. And I think Al believes in freedom of religion,and I might think he is wacko and he might think the same of me but thats ok, accepting is part of liberty.and on that point I am certain we agree and from there we look for common ground and therein we find civilization, and yes its an effort.(a clue maybe)
    lol, vote ron paul buddy. Please stop converting, you could be driving critical,anylitical thinkers away, as well as people that can actualy spell. This site has actual potential possibly beyond what most imagine, peace cousin,freedom of religion is part of that, I am learning that Liberty encompasses it all.
    Maybe I should apologise Al, had a couple refreshments, it just got to me.
    Your site is excellent and I just didnt want to see it deteriorate, the contributors with comments are fantastic and now I would like to see people from china,india,south america etc putting in 4 cents worth. Well, just me, maybe put up a billboard in Mumbi.

      May 13, 2012 13:40 AM

      Bend,
      Just ignore what I say that is all.
      But one day you will either appreciate or regret
      The only reason people are offended is because they are not secure
      Joe

    Tex
    May 13, 2012 13:09 AM

    What a depressing show. The present regime is driving people to renounce their citizenship, but to go where?I’ve had relatives at Valley Forge (survived), The Alamo (bad outcome), Andersonville Prison (survived), Battle of the Little Big Horn (bad outcome), and Pearl Harbor (bad outcome)….is it time to leave? Aruba perhaps? President Washington was correct when he said that political parties would usurp our liberties. There is an interesting scenario for Dr Paul……Republican Delegates Can Ignore Any “Committment” to Vote for Mitt Romney, and Can Instead Vote for Ron Paul If They Want

    See http://www.zerohedge.com/contributed/2012-19-13/republican-delegates-can-ignore-any-“committment”-vote-mitt-romney-and-can-in

      May 13, 2012 13:17 AM

      Thank God another Ron Paul man, I too am with you about Ron Paul and this infomation. It ains`t over till its over, Ron Paul is going to win no matter what, come hell and high water. My father`s family came from Wittenburg, Germany in 1684 to America, it has survived my mom`s family came from England in around 1710 and they have survived to this day. Thank God for America, but its not to late yet for America if they all vote for RON PAUL in spite for voter fraud. On another note, http://www.youtube.com/watch?v=nXg2WsNCrW4&feature=youtube_gdata ,this link is about `We are Preparing for Massive Civil War, says DHS(Department of Homeland Security) Informant`. Then got this off Ron Paul`s site `Half a Million Plastic Coffins?` via http://www.infowars.com/?p=3462 from Alex Jones; this doesn`t sound to inviting but put together.

    BJ
    May 13, 2012 13:07 PM

    Re: Segment 2.

    Anything you do that requires a license is a privilege granted under the police powers of the states. Thus, a drivers license to operate a motor vehicle is a privilege–not a right. Thus the states can impose conditions on those who seek a license. Example: car insurance–as mentioned in Segment 2, but also the privilege to incorporate and run a business under the conditions imposed by the state in which you incorporate.

    But the idea that you can’t live in America, breath its air, walk its streets without buying federally mandated health insurance violates every basic civil liberty and inalienable right endowed by our Creator and enshrined in our (now debauched and shredded) US Constitution.

    How far we have fallen since the creation of Johnson’s Great Society. I can almost smell the sulfur.

    May 13, 2012 13:04 PM

    Al.

    Just want to let you know all these issues are put out there for one reason: divide.
    As Lew Rockwell would say “Divide et impera” (divide and conquer).

    If we all stick to the limited powers granted to the federal government by the States to the federal government, we can all conclude the federal government has not authority to deal with anything concerning marriage, or religion.

    Anyone disagreeing with this?

    May 13, 2012 13:57 PM

    @Joseph what do you think of this website?
    http://www.thetrumpet.com/